The PRC is Socialist and run by Marxist-Leninists, large firms and key industries are firmly in the public sector, while the private sector is largely cooperatives, sole proprietorships, and small firms. This is classically Marxist. I elaborate more on this here.
Click the link, I already answered. Large firms and key industries are in the public sector, public ownership is the principle aspect of China’s economy. It is employing a Marxist strategy of building towards full socialization and abolition of the value form.
China isn’t Marxist so I’m confused wtf that has to do with anything.
The PRC is Socialist and run by Marxist-Leninists, large firms and key industries are firmly in the public sector, while the private sector is largely cooperatives, sole proprietorships, and small firms. This is classically Marxist. I elaborate more on this here.
I didn’t realize banks, financial trade, and currency were also classically Marxist.
What do the PRC do that is socialist? I’m honestly asking because I haven’t seen them do anything socialist.
Click the link, I already answered. Large firms and key industries are in the public sector, public ownership is the principle aspect of China’s economy. It is employing a Marxist strategy of building towards full socialization and abolition of the value form.